Global Mercaptoacetic Acid Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Mercaptoacetic Acid market size was valued at US$ 300 million in 2024 and is forecast to a readjusted size of USD 323 million by 2031 with a CAGR of 1.1% during review period.

Mercaptoacetic Acid, also known as thioglycolic acid (TGA) is a clear, combustible liquid which oxidizes in air to form disulfides and an unpleasant odor. Mercaptoacetic acid consists of thiol or mercaptan and carboxylic acid. Mercaptoacetic Acid was first developed in the early 1940s by Dr. Ralph Evans in Hoboken, New Jersey, as an active material for cold wave permanents. Mercaptoacetic acid or thioglycolic acid is primarily used in hair care products for straightening or waving hair and as depilatory (hair removal) chemical. Mercaptoacetic acid is also used as a chemical intermediate for mercaptan chemicals such as ammonium thioglycolate, sodium thioglycolate and calcium thioglycolate. Furthermore, mercaptoacetic acid is used for preparing thioglycolic broth as a media for microbiological cultures. Additionally, with emergence, awareness and popularity of fashion trends people are experimenting and using more hair care products such as hair removal chemicals, hair straightening and hair waving products. Mercaptoacetic acid is widely used for body hair removal by salons, beauty parlors, hospitals (for surgery) and households among others.

Global Mercaptoacetic Acid key players include Arkema, Bruno Bock, Merck, Sasaki Chemical, Ever Flourish Chemical, etc. Global top five manufacturers hold a share about 80%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 30 percent. In terms of product, High Purity Grade (≥99%) is the largest segment, with a share about 65%. And in terms of application, the largest application is Hair Careand & Cosmetic Product, followed by Chemical Intermediate, Pharmaceuticals, etc.

This report is a detailed and comprehensive analysis for global Mercaptoacetic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Mercaptoacetic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Mercaptoacetic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Mercaptoacetic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Mercaptoacetic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Mercaptoacetic Acid

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Mercaptoacetic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Arkema, Bruno Bock, Merck, Sasaki Chemical, Daicel, Ever Flourish Chemical, Swan Chemical, Ruchang Mining, QingDao Lnt, HiMedia Laboratories, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Mercaptoacetic Acid market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High Purity Grade ( Above 99%)
Technical Grade ( 80%-99%)
Low Purity Grade ( Below 80%)

Market segment by Application
Hair Careand & Cosmetic Product
Chemical Intermediate
Pharmaceuticals
Others

Major players covered
Arkema
Bruno Bock
Merck
Sasaki Chemical
Daicel
Ever Flourish Chemical
Swan Chemical
Ruchang Mining
QingDao Lnt
HiMedia Laboratories

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Mercaptoacetic Acid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Mercaptoacetic Acid, with price, sales quantity, revenue, and global market share of Mercaptoacetic Acid from 2020 to 2025.

Chapter 3, the Mercaptoacetic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Mercaptoacetic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Mercaptoacetic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Mercaptoacetic Acid.

Chapter 14 and 15, to describe Mercaptoacetic Acid sales channel, distributors, customers, research findings and conclusion.